France's Michelin plans $510 mln plant in Mexico-documents

MEXICO CITY, April 6 (Reuters) - French tire maker Michelin
plans to build a $510 million plant in central Mexico
that will produce around 5 million tires a year and could be
expanded to produce another 5 million annually by around 2020,
documents showed.

The plant in the state of Guanajuato will begin production
in 2017, and will produce passenger and light truck tires,
mostly for the North American market but also for Europe and
Asia, according to documents seen by Reuters.

Some of the production will be sold directly to customers as
replacements, while others are destined for production lines of
Mexico's growing auto sector.

Michelin did not immediately respond to a request for
comment.
(Reporting by Alexandra Alper; Editing by Simon Gardner)